Finance

Government to Ease Vehicle Import Restrictions by 2025

State Minister of Finance Shehan Semasinghe announced yesterday that the Government plans to permit the importation of vehicles for private use starting in.

Read More
Finance

NDB Bank Partners with CRIB to Boost Financial Empowerment via NDB NEOS

NDB Bank is advancing financial education and empowerment by integrating Credit Information Bureau of Sri Lanka (CRIB) reports into its NDB NEOS mobile.

Read More
Finance

Sri Lanka’s Private Credit Grows in 2024, Government Credit Declines

Sri Lanka’s private sector credit saw a notable expansion of 146 billion rupees during the first half of 2024, according to official data..

Read More
Finance

Pan Asia Bank Achieves 32% Increase in PBT for 1H 2024

Pan Asia Banking Corporation PLC reported a solid performance for the first half of 2024, with a Pre-tax Profit (PBT) of Rs. 1,996.

Read More
Finance

Overseas Realty Reports Rs. 3.5 Billion Profit for H1 2024

Overseas Realty (Ceylon) PLC has announced impressive financial results for the six months ending June 30, 2024. The company recorded a Group Revenue.

Read More
Finance

NDB Bank Empowers Tech Professionals with Financial Mastery Workshop

NDB Bank recently hosted a transformative financial mastery workshop aimed at empowering tech professionals with crucial financial skills. Held on July 12th at.

Read More
Finance

Japan Restarts Yen Loan Projects to Boost Sri Lankan Economy

The Government of Japan has officially decided to resume disbursement for Yen Loan Projects in Sri Lanka, which were suspended following the country’s.

Read More
Finance

Cabinet Approves Amendments to Streamline Tax Appeal Process

The Cabinet of Ministers has approved a set of amendments aimed at expediting the tax appeal process to address delays that have impeded.

Read More
Finance

Fitch Affirms ‘BBB(lka)’ Rating for NITF, Highlights Reinsurance Challenges

Fitch Ratings has affirmed the ‘BBB(lka)’ insurer rating for Sri Lanka’s National Insurance Trust Fund (NITF), maintaining a stable outlook but cautioning about.

Read More
Finance

Sri Lanka Approves Five Firms for Airport Foreign Exchange Counters

Sri Lanka’s cabinet has approved five companies to operate foreign exchange counters at Bandaranaike International Airport, according to Minister Bandula Gunawardana. Following a.

Read More